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$400,000

NAL Estimated Property Value

2905 Ridgewood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.36 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,115 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN30385-18-14
Lot Number14
SubdivisionOak Creek Estates
Land UseResidential
Legal DescriptionOAK CREEK ESTATES BLOCK 18 LOT 14
Census Tract113635
Assessed Land Value$116,100
Assessed Improvement Value$258,438
Assessment Year2025

About this property

I have an updated home; on a corner lot, in Grapevine, TX; for under $300,000! I save time every morning, because the kids can walk to their elementary or high school! I can sleep in for every flight, because DFW Airport is a 10-min drive! I have all the proximity to shopping, retail and entertainment without the luxury price tag! Moving was a cinch; the home was move-in-ready! Our energy bills are much lower because our lot is so heavily shaded! We have the best landscaping on the block! On Friday nights, we don’t have to worry about parking, we can grab a drink and walk to the football stadium!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$267,681Estimated Mortgage Balance
$132,319Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,524
$374,538
2025
$116,100
$258,438
$374,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,524
$374,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$299,475
Yes
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,681
$132,319
33%
67%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,796/mo
+$784/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grapevine

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2905 Ridgewood Dr | Property Details | No Agent List